Chinese Phishers Use Live MFA Interception for Digital Wallet Fraud

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Why It Matters for Texas Credit Unions

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Fraudsters Tokenize Stolen Cards Into Attacker Wallets Google Threat Intelligence Group warned that Chinese-language phishing-as-a-service platforms are using AI, encrypted messaging and real-time OTP interception to bypass multifactor authentication and provision stolen payment cards into attacker-controlled digital wallets worldwide.